Showing 1 - 10 of 30
The traditional model of operating a claimant personal injury law firm has long gone. Squeezed margins as a result of the fixed costs changes have impacted profit margins and, therefore, the viability of a number of claimant law firms.
In the second installment of our Claims Farming series we explore the modus operand. How does claims farming work? Who are the parties involved? What are the behaviours it creates in claims? Who is gaining financially? And what is the impact of the practice?
In the previous installments of our series ‘The Future of Fraud’ we discussed the industrialisation of claims. In this new series, we will explore the practice of Claims Farming: what it is, how it works, current examples and future possibilities.
Kennedys wins Innovation in the Business of Law accolade at Financial Times Innovative Lawyers Awards
We are delighted to announce that our remarkable innovations journey has continued as we won Innovation in the Business of Law: New products and services at the Financial Times Innovative Lawyers Awards.
In 2017, Arfon MP Hywel Williams lead a debate in Westminster on the issue of instances of failed retrofit cavity wall insulation in Wales (after years of campaigning) because many of his constituents had suffered from damp and mould as a result. In addition, there have also been numerous press articles about CWI being a scandal and a blight on homes.
When we investigate coordinated fraud activity (aka fraud rings) we look for commonalities, relationships and trends that bind claims together. I often think back across the many fraud ring investigations I have been involved in, and the names they are given.
In the fourth and final part of this series we examine the recent change of regulatory body in relation to claims management activity and the avenues still open for industrialisation of claims and lead generation.
This week we’re back with the third part of this series where we consider the possible impact of civil reform and consider how fraud will remain a persistent problem for insurers and other compensators with new processes to exploit.
In the second part of this series, we get back to basics and explore what exactly constitutes insurance fraud and how it's evolving.
Insurance fraud costs, and the problem is a global one. Over the next three weeks in this serialised article we will look ahead at what the future of fraud looks like in the claims sector.